Looking After China’s Elderly

As China’s rapid economic development continues, demographics shift, and social needs change, the country will face new challenges, not least of which is looking after its growing elderly population. While a variety of care facilities have cropped up to care for China’s seniors, few have been widely successful in capturing the market. A closer look at consumer preferences, current market dynamics, and the challenges that lie ahead provide an overview of the landscape and opportunities for taking care of the country’s aging citizens.